Round Rock is in motion. The booming suburb of Austin ranks as one of the 10 most livable midsize cities in America after being named one of the fastest growing cities in the country.
This award comes from the finance website SmartAsset, which compared 227 US cities using eight metrics. These range from median household income to the unemployment rate and changes in house value. (The included cities have at least 100,000 inhabitants; the 100 most populous U.S. cities have been removed.)
“For Americans looking for a cheaper and less crowded alternative to the hustle and bustle of a big city, but not interested in very small towns, a medium-sized city may be the best place to take root,” the website said. “But not all of them are equally suited to meeting the needs of their residents. So SmartAsset used various financial factors to calculate the numbers to find the medium-sized cities that are most livable.”
Round Rock ranks ninth overall – the highest ranking of any Texan city.
And what makes the Austin suburb a great place to live? “Round Rock, Texas has the 15th lowest unemployment rate in the study at 6.2 percent in July 2020. It also has the 23rd best Gini coefficient at 6.0 percent and the 20th lowest poverty rate,” says SmartAsset.
It also ranks in the top 50 for highest median household income ($ 86,145) and change in home value (no surprise to those following central Texas real estate). According to the study, local property prices rose more than 40 percent from 2015 to 2019.
One disadvantage, according to SmartAsset, is the relatively high percentage of residents without health insurance (more than 10 percent), for whom it falls in the lower half of the study.
Round Rock is the only central Texas town to make the list, but a variety of other Lone Star spots are popping up.
Dallas-Fort Worth has six of the most livable medium-sized cities: Frisco (17), Allen (19), Carrolton (21), Lewisville (22), McKinney (28) and Mesquite (48). The Houston area claims three: League City (16), Pearland (30) and Sugar Land (44).